FHA Home Loan Documentation

Depending on your situation, you will be asked for documentation to support your income, liabilities, and funds to close.  This documentation will establish your credibility as a borrower, your ability to repay the FHA home loan and your willingness to repay the loan.

The following is a list of documents that will be required by the lender to process your FHA mortgage as required by HUD:

• One full month's worth of paystubs

• Last 2 years W-2's (salaried income) and / or last 2 years tax returns with all schedules (commission, dividend, rental income or self-employed borrowers)

• Copies of social security, pension, and/or retirement award letters (if applicable)

• Last three months bank statement for all accounts

• Current statements for all investment accounts

• Documentation to support funds to close

• Explanation for any credit derogatories

• Bankruptcy and discharge paperwork (if applicable)

• Divorce decree and any settlement paperwork (if applicable)